BNP Paribas Financial Markets Has $1.14 Million Position in KB Financial Group Inc. (NYSE:KB)

BNP Paribas Financial Markets raised its holdings in KB Financial Group Inc. (NYSE:KB - Free Report) by 62.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 20,072 shares of the bank's stock after acquiring an additional 7,753 shares during the quarter. BNP Paribas Financial Markets' holdings in KB Financial Group were worth $1,142,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its holdings in KB Financial Group by 659.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,415 shares of the bank's stock worth $137,000 after purchasing an additional 2,097 shares during the period. Hudson Edge Investment Partners Inc. raised its holdings in KB Financial Group by 5.1% in the fourth quarter. Hudson Edge Investment Partners Inc. now owns 3,472 shares of the bank's stock worth $198,000 after purchasing an additional 168 shares during the period. Commonwealth Equity Services LLC acquired a new stake in KB Financial Group in the fourth quarter worth $222,000. Triumph Capital Management acquired a new stake in KB Financial Group in the fourth quarter worth $228,000. Finally, Optas LLC acquired a new stake in KB Financial Group in the fourth quarter worth $261,000. 11.52% of the stock is owned by institutional investors.

KB Financial Group Stock Up 3.1%

Shares of NYSE:KB traded up $2.17 during midday trading on Friday, reaching $71.92. 159,737 shares of the company were exchanged, compared to its average volume of 190,179. KB Financial Group Inc. has a fifty-two week low of $46.38 and a fifty-two week high of $72.89. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 2.29. The stock has a fifty day simple moving average of $59.29 and a two-hundred day simple moving average of $60.00. The firm has a market cap of $28.30 billion, a PE ratio of 8.38, a P/E/G ratio of 0.52 and a beta of 0.98.

KB Financial Group (NYSE:KB - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The bank reported $3.02 EPS for the quarter, missing analysts' consensus estimates of $3.04 by ($0.02). KB Financial Group had a return on equity of 7.71% and a net margin of 12.33%. The company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $4.45 billion. As a group, sell-side analysts forecast that KB Financial Group Inc. will post 8.87 earnings per share for the current year.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of KB Financial Group from a "hold" rating to a "buy" rating in a report on Wednesday.

KB Financial Group Profile

KB Financial Group Inc provides a range of banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally. The company operates through Retail Banking, Corporate Banking, Other Banking Services, Credit Card, Securities, Life Insurance, and Non-Life Insurance segments.